Plan Ledger DOL Form 5500 · updated monthly

Cumberland Trust and Investment Companybenefits

Cumberland Trust and Investment Company Welfare Benefits Plan · NASHVILLE, TN · plan year 2024

Broker compensation reported · 2024
$120,193

Cumberland Trust and Investment Company's benefits plans covered 132 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $120,193 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $911 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 11.6x the $10,396 reported for 2023.

Insurance contracts · 20244
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · healthpremiums n/a · 242 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 118 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 132 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 31 covered
Brokers & agents paid · 20244
ROBERT P DUGAN$58,991
CENTRO BENEFITS RESEARCH LLC$20,236 · incl $20,236 fees
DIGITAL INSURANCE INC$11,242 · incl $11,242 fees
Also brokered by Robert P Dugan1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621821473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.